The $GME fiasco has been making my head spin. On the one hand, the stock keeps going up and I want to jump on the band wagon. But there is a reason these stocks were shortened - the financials simply don't support these prices and it won't last. Honestly, I don't know if some of these companies will even survive the pandemic without filing for chapter 11.
$GME and its like: I am watching Thos. Peterffy of #InterActiveBrokers on Bloomberg who shut down trading by retail on this short squeeze and options. I had considered a switch to his platform, but his poor defense of his actions and the disproportionate effect on retail investors is morally indefensible. I don't trade this stock or its options, but I would never trade on #RobinHood, #IAB, or #ETrade for this action. They are fine with the short shenanigans of large traders, but when retail profits they shut it down. They should all go down in a fiery then smoldering, continued, very expensive litigation. The market is, clearly, rigged against smaller players and this is perpetuated by the brokerages that serve them. Liquidate SAC or those who made naked shorts, not those who saw their error and tried to, very legitimately, profit.
Imagine if GameStop Sold Games as Exciting as Its Stock
If I wanted a game as stressful as trading $GME I would just play Dark Souls lol.
Caveat Emptor - Are You A WSB 'Useful Idiot'?
Thousands! Go $GME
Caveat Emptor - Are You A WSB 'Useful Idiot'?
How much are you willing to lose on $GME to prove your point?
Caveat Emptor - Are You A WSB 'Useful Idiot'?
You still don’t get it! It is not about the money. It is not business... it is personal.
I simply don’t give a damn if I lose money on $GME as long as the short selling hedge funds suffer.
Fintech Startup Robinhood Announces It Will Support Cryptocurrency Trading
Do you think #Robinhood was right to suspend trading on $GME?
Game Over, Man
The $GME fiasco has been making my head spin. On the one hand, the stock keeps going up and I want to jump on the band wagon. But there is a reason these stocks were shortened - the financials simply don't support these prices and it won't last. Honestly, I don't know if some of these companies will even survive the pandemic without filing for chapter 11.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
No, he’s legit. He's scared $GME will cause a financial crisis. If clearing house goes tits up then whole market will dump and hedges are broken
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
$GME and its like: I am watching Thos. Peterffy of #InterActiveBrokers on Bloomberg who shut down trading by retail on this short squeeze and options. I had considered a switch to his platform, but his poor defense of his actions and the disproportionate effect on retail investors is morally indefensible. I don't trade this stock or its options, but I would never trade on #RobinHood, #IAB, or #ETrade for this action. They are fine with the short shenanigans of large traders, but when retail profits they shut it down. They should all go down in a fiery then smoldering, continued, very expensive litigation. The market is, clearly, rigged against smaller players and this is perpetuated by the brokerages that serve them. Liquidate SAC or those who made naked shorts, not those who saw their error and tried to, very legitimately, profit.
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
I don't understand why anyone would want to buy $GME now. It's completely overvalued at the moment. No way it's worth that much!
Crackdown Arrives: Interactive Brokers Joins Robinhood, Blocks Buying Of Gamestop, AMC, Others
You can still buy game stop on Webull. $GME